Oil: OPEC + decides to continue reducing its production by 2 million barrels per day in December and January

The countries of the Organization of Petroleum Exporting Countries and their allies from countries outside the organization (OPEC +), during their 34th ministerial meeting held today, Sunday, via videoconference, decided to continue reducing their production by 2 million barrels per day during the months of December and next January, according to what was stated by the Minister of Energy and Mines. Mohammed Arkab.

Thus, the 23 OPEC+ countries (13 OPEC members and 10 non-OPEC members) have decided to maintain the same plan to cut their total production as decided at their meeting last October in Vienna.

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